1902 & 1904 David ST, Austin TX 78705

Austin, TX 78705 | Carrington

Ed's Opinion of Value

$1,412,868 Ed's Estimate: $2,883,514 $6,495,000
Lowest Comp Recommended List: $5,539,000 to $7,054,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $2,883,514. If we were to list this property today, I'd recommend a list price in the $5,539,000 to $7,054,000 range. Buyers shopping in CARRINGTON right now would see this as a well positioned option among 7 comparable homes. At 1,322 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1927 (38 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CARRINGTON; a buyer's market based on recent absorption. The 6 month price trend in 78705: fallen 18.2%. The best comp here is 1909 David ST, Austin TX 78705 at an adjusted value of $1,729,766, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
12 Beds
8 Baths 8 Full
5,112 Sq Ft
0.344 Acres
1927 Built

About This Property

A very rare opportunity to own 3 fully remodeled turnkey houses in West Campus. Prime WC location rented for 2 years in advance with strong solid leases and great cash flow. Easy walking distance to Campus and Capitol. Recently fully upgraded. It is 2 separate properties selling together for a total of 3 free-standing houses: 1902 David #A is a 4 bed 2 bath, 1902 David #B is a 3 bed 3 bath house, and 1904 David St is a 5 bed 3 bath house. There are no common walls, 3 separate houses each with its own washer/dryer, and plenty of parking. All 3 houses are currently rented for a total of $16,800/mo. until July 31st, 2025, and already fully leased from Aug 7th, 2025, until July 31st, 2026, for $19,200/mo. Aug 2026 to July 2027 projected rents are at $20,150/mo. 1902 David B has great Downtown views from the rear patio and/or 2nd story, no back house neighbors, and walking/biking distance to UT. All units have hardwood floors on the first floor. The front houses are colonial style, and the back house is cabin style with a large open deck. Future re-development opportunity. Possibility for additional houses to be constructed in the lot as there is plenty of space.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Crown Molding
  • Gas Dryer Hookup
  • Primary Bedroom on Main
  • Recessed Lighting
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Laminate, Tile, Wood
Cooling Central Air
Heating Central
Exterior See Remarks
County Travis
MLS # 5300628

Tax Information

Annual Taxes (MLS) $25,437 (2024)

Listing History

MLS# 5300628 31 days (28 CDOM)
Mar 1, 2025 Off Market
Dec 6, 2024 Listed $2,600,000

Frequently Asked Questions About 1902 & 1904 David ST, Austin TX 78705

When was 1902 & 1904 David ST, Austin TX 78705 built?

1902 & 1904 David ST, Austin TX 78705 was built in 1927.

How much does 1902 & 1904 David ST, Austin TX 78705 cost?

1902 & 1904 David ST, Austin TX 78705 sold on March 1, 2025. Contact us for sale price details.

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